POOL (NASDAQ: POOL) legal chief forfeits 296 performance-based shares
Rhea-AI Filing Summary
POOL CORP senior vice president and chief legal officer Jennifer M. Neil reported the forfeiture of 296 shares of common stock on February 19, 2026. These shares were tied to a performance award granted on February 22, 2023, for which the required performance condition was determined not to have been met. After this disposition to the issuer, she directly holds 9,433 shares of POOL CORP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 296 shares
Net Sell
1 txn
Insider
NEIL JENNIFER M
Role
Sr VP, Sec & Chief Legal Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 296 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 9,433 shares (Direct)
Footnotes (1)
- F1. On February 19, 2026, the Compensation Committee of the Issuer's Board of Directors determined that the performance condition applicable to performance awards previously granted to the Reporting Person on February 22, 2023 was not met during the applicable performance period, resulting in forfeiture of the award pursuant to its terms.
FAQ
What insider transaction did POOL (POOL) report for Jennifer M. Neil?
POOL reported that senior vice president and chief legal officer Jennifer M. Neil forfeited 296 shares of common stock. The shares were canceled as a disposition to the issuer after performance conditions on a prior equity award were not satisfied during the designated performance period.
What role did POOL (POOL)’s Compensation Committee play in this Form 4 event?
POOL’s Compensation Committee determined on February 19, 2026 that the performance condition for a February 22, 2023 performance award was not met. That decision triggered automatic forfeiture of 296 related shares back to the issuer, which is the disposition reported in this Form 4 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.